STOCKWATCH
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Pharmaceuticals
Sale9 May 2026, 06:51 pm

Jeena Sikho Lifecare Sells Land for ₹24 Cr

AI Summary

Jeena Sikho Lifecare Ltd has approved the sale of land admeasuring approximately 48 Bigha in Punjab to Tresco Realty Group LLP for ₹24,00,00,000. The sale agreement was executed on May 7, 2026, and approved by the Board on May 8, 2026. The transaction is subject to standard terms and conditions, including partition of the property and execution of the Sale Deed. The company clarified that the land sale will not impact its business operations and does not constitute a substantial undertaking.

Key Highlights

  • Jeena Sikho Lifecare sells land to Tresco Realty Group LLP for ₹24 Cr.
  • The land is located in Village Ramnagar, District Patiala, Punjab.
  • The sale agreement was executed on May 7, 2026, and approved on May 8, 2026.
  • The sale will not impact the company's business operations.
  • Purchaser is not related to the Promoter, Promoter Group or Group Companies.
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